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HSBC Holdings plc Message Board

  • margin_calls_coming margin_calls_coming Mar 26, 2014 2:42 AM Flag

    ......China official urges calm as depositors again queue outside rural banks?????

    Fun about to start in China???....A Chinese county official appealed for calm among bank depositors in the eastern city of Yancheng on Wednesday as queues formed for a third straight day outside the branches of two small banks rumored to be in financial trouble.

    Police and security guards stood by as dozens of people formed a line outside a branch of Rural Commercial Bank of Huanghai, one of the two banks that have suffered a rush of withdrawals this week on the outskirts of the city.

    Sentiment: Strong Sell

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